The Morning Wire / Mon Sep 21, 2026

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The Morning Wire

The trading day in one page — Mon, Sep 21
● Written from USDA reportsEvery figure as filed
← Sep 19Sep 21Sep 22 →

The market in a line

Mon, Sep 21
Choice cutout closed $4.41 higher at $376.35. 52 barns across 17 states reported 3,664 priced lots.

Feeder steers

National, week of Sep 21 USDA
Weighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
WeightPricevs prior weekHeadBarns
300-399 lb514.77/cwt$16.47 higher3,675162
400-499 lb461.31/cwt$10.44 higher9,503173
500-599 lb405.57/cwt$2.21 higher11,933174
600-699 lb363.69/cwt$0.42 higher10,864171
700-799 lb346.77/cwt$2.60 higher10,765158
800-899 lb335.04/cwt$0.27 higher10,840118

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Mon, Sep 21, weighted by head. Spread of $64.10 between the top and bottom of 20 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
BarnStateAverageHead
Callaway Livestock CenterMO425.21/cwt69
Sigourney Livestock AuctionIA419.29/cwt71
Joplin Regional StockyardsMO413.75/cwt382
Florence StockyardsAL408.58/cwt22
Lexington Livestock Auction - KentuckyKY404.12/cwt78
Farmers Livestock Exchange, Inc.VA400.68/cwt79
Tulsa Stockyards Inc.OK400.53/cwt167
Tina LivestockMO398.72/cwt38
Tadlock Livestock AuctionMS398.20/cwt116
Oklahoma National Stockyards MarketOK394.95/cwt313
Paris Livestock AuctionKY387.91/cwt22
Turnersburg Livestock AuctionNC384.18/cwt27
Lynchburg Livestock Market, Inc.VA381.52/cwt54
Harned Livestock AuctionKY381.21/cwt25
Unionville Livestock Auction - Unionville, TNTN380.98/cwt64
Cleburne County Livestock AuctionAR378.15/cwt47
Arcadia Stockyard (Mon)FL371.49/cwt59
CarrolltonGA369.43/cwt26
Cattlemans Livestock Auction - West Point, MSMS364.89/cwt50
Williamston Livestock AuctionSC361.11/cwt35

Boxed beef

PM close · Sep 21 USDA
Choice $376.35, $4.41 higher. Select $355.77, $2.51 higher. The Choice–Select spread stands at $20.58. 58 loads traded.

Fed cattle

Negotiated cash, week to date USDA
24,714 head traded Sep 15–Sep 21.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered350.213,357
Iowa-MinnesotaDressed FOB348.0076
Iowa-MinnesotaLive Delivered222.17329
Iowa-MinnesotaLive FOB221.645,693
NebraskaDressed Delivered350.0210,488
NebraskaDressed FOB350.00222

At the barns

USDA market reporters, as filed USDA
One barn per state, largest first — more states file than fit here. Your own state is linked below.

CLOSE Compared to last week feeder steers under 600 lbs. sold 10.00-25.00 higher. Heavier weights sold mostly steady. Feeder heifers under 550 lbs. sold 5.00-25.00 higher with heavier weights selling from 10.00 lower to 8.00 higher. Supply was moderate with good demand.

Joplin Regional Stockyards · Missouri

Compared to last week: Feeder steers over 800 lbs steady to 4.00 higher; under 800 lbs lightly tested and steady to 4.00 lower. Feeder heifers 1.00-5.00 lower. Demand moderate to good for feeders. Steer calves over 500 lbs steady to 5.00 higher;

Oklahoma National Stockyards Market · Oklahoma

Compared to last week, Slaughter Steers traded mostly 1.00-2.00 lower and Slaughter Dairy Cows sold mostly 3.00-5.00 lower. Feeder Dairy Bull Calves sold 10.00-15.00 lower with Beef Cross Calves selling 25.00-30.00 lower.

New Holland Sale Stables · Pennsylvania

Compared to last weeks sale; Steer calves sold steady to 12.00 higher except 450-500 lbs being lower. Feeder steers were 10.00 higher. Heifer calves and feeder calves sold uneven. Weaning dates and preconditioning vaccinations earned a premium.

Roswell Livestock Auction · New Mexico

Slaughter cows 4.00 to 8.00 lower, slaughter bulls 1.00 to 3.00 lower. Feeder steers, bulls, and heifers steady to 5.00 higher.

Arcadia Stockyard (Mon) · Florida

Compared to a week ago, Slaughter Cows and Bulls steady, Replacement Cattle Steady, Feeder Cattle unevenly steady.

Eastanollee · Georgia

Compared to last week: Steers were unevenly steady with instances of 5.00 to 10.00 higher. Heifers were 5.00 to 10.00 higher. Quality was moderate with a good demand, few groups with a more attractive quality and longer weaning dates gained more momentum.

Tulsa Stockyards Inc. · Oklahoma

Compared to last week, a much lighter offering this week with steer calves under 550 lbs lightly tested, 550-600 lbs steers sold 2.00-5.00 higher, with 600-700 lbs on a lighter offering trading with a firm to higher undertone, pot load of 852 lb steers sold 5.00 higher than last week's pot of same w…

Callaway Livestock Center · Missouri

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)272.92/cwt$6.22 higher422
Boner (85% lean)286.21/cwt$5.64 higher1,391
Cutter (90% lean)287.28/cwt$1.48 higher2,952
Premium White303.59/cwt$1.83 higher2,480
Bull (92% lean)336.07/cwt$1.51 higher403

What published

See every report →
138 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.
Source: USDA AMS. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.